Many people that have purchased property in Cholla Bay know to ask if the property has been “Rectified”? This is a very important question, not only for buyers, but sellers should know if their property has or has not been rectified by Sandy Beach Resort group (Groupo SBR), especially before putting the property up for sale.
Rectification is the process of correcting property boundaries using GPS surveys and updating deeds of trust to reflect the accurate boundaries and legal descriptions. Grupo SBR is the only entity authorized by the city of Puerto PeƱasco to conduct surveys in Cholla Bay. They possess all historical and current maps, enabling them to identify and correct any discrepancies. Sometimes, properties are larger than deeded; other times, they are smaller. In such cases, additional land is purchased from the developer, or shortages are reimbursed to the original buyer. The Fideicomiso (Bank Trust) must always be amended to reflect these changes, a process that is costly and borne by the property owner. No property in Cholla Bay can be sold or transferred without undergoing rectification.
If you are looking to buy property in Cholla Bay, ensure your real estate agent is knowledgeable about the rectification process and only shows you properties that have been or are in the process of being rectified. If your agent lacks this knowledge, consider finding a different one to avoid unexpected fees for correcting your property boundaries post-purchase. Knowing about rectification upfront can save you from potential surprises and additional costs.